[DarkWiiPlayer]

Nope. It is sniping and it's a dick move. You have the name whenever you decide that's what you're calling the project. Registering a domain name for it is only a matter of hosting.

And yes, interferring with someone else hosting their project is wrong. If you don't want a domain for yourself, don't buy it. Messing with people makes you a dick and trying to buy something only to re-sell it makes you a parasite.

Domain squatting, shoud this have been the intention here, is obviously also wrong and often used for illegal activity.

There's just no world where this person doesn't have a right to complain because clearly they are the victim of someone else being a dick.